AEP STORES LIMITED

💤Zombieactive
SC619462 · ltd · incorporated 2019-01-28
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£-28.6k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £28,589

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£29k
↓ 7156% YoY
Current Assets
Current Liabilities
-£29k-£22k-£16k-£10k-£4k£2kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets£-28.6k£-394
Current assets£2.4k
Cash£1.0k
Debtors£1.4k
Net assets£-28.6k£-394

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-10-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-01-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2022-01-12
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  8. 2022-01-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2021-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-01-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2021-01-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-01-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2021-01-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2021-01-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2020-12-01
    ZAFAR, Raja Waseem appointed
    director
  16. 2020-12-01
    WASEEM, Huma resigned
    secretary
  17. 2020-12-01
    WASEEM, Huma resigned
    director
  18. 2019-01-28
    🏢
    Company incorporated
    As AEP STORES LIMITED
  19. 2019-01-28
    WASEEM, Huma appointed
    secretary
  20. 2019-01-28
    WASEEM, Huma appointed
    director
  21. 2019-01-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Raja Waseem Zafar
Individual · British · DOB 07/1980 · age 46
75100%
75-100% shares01/12/2020
1 historic (ceased) PSC
  • Miss Huma Waseemceased 01/12/2020· 75-100% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2019-01-28
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

16 Deaconsbrook Road
Glasgow
G46 7UX
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-11-15
Last: 2025-11-01

Officers (1 active · 2 resigned)

ZAFAR, Raja Waseem
director · ~46y · appointed 2020-12-01
View their other companies + combined net worth →
Active
WASEEM, Huma
secretary · appointed 2019-01-28 · resigned 2020-12-01
Resigned
WASEEM, Huma
director · ~47y · appointed 2019-01-28 · resigned 2020-12-01
Resigned

Click a director name to see their full track record across all companies.

Recent filings (23 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-07
gazette-filings-brought-up-to-date
gazette · DISS40
2022-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-24
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-01-12
gazette-notice-compulsory
gazette · GAZ1
2022-01-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-05